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one of those is to subtract it from that that is owed on your taxes and that is a problem. >> that tax refund will be offset. they will get less money, if any money. >> j russell george is the tax administrator general, his office oversees the irs. >> many people do not realize the extent that the irs will be involved in the implementation of the affordable care act. >> is it prepared to do it in. >> it's making good progress in terms of preparing the internal system systems, i'm however, concerned about the fact that it's not communicating this new requirement to the american people to the extent that it needs to be. >> right now, the new change will effect 3 million people here in california. about 48 million people nationwide are currently uninsured. and the penalty for not buying insurance, well, for the first year, those penalties will be small. $95 for each adult and $47.50 for each child and a maximum of $285. but after 2016, it jumps to $695 for eached all the and $347.50 for each child. with a family maximum of more than $2,000. you can find a full break down of the penalties
one of those is to subtract it from that that is owed on your taxes and that is a problem. >> that tax refund will be offset. they will get less money, if any money. >> j russell george is the tax administrator general, his office oversees the irs. >> many people do not realize the extent that the irs will be involved in the implementation of the affordable care act. >> is it prepared to do it in. >> it's making good progress in terms of preparing the internal...
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back. we will have the very latest on the manhunt in boston in a moment. let's round up headlines in the business world first. courtney reagan with that. >> thank you, maria. stocks closing higher but for the week, the major end sis slumped. the dow and s and sp dropped more than 2%. boeing's dreamliner may be back in the air jen. u.s. aviation regular lay tomorrows approving a series of fixes on the 787. the faa saying it will issue instructions to operators that will allow the 787 to return to service with the battery system modifications. >>> shares of apple posting the second largest weekly decline in 2 1/2 years, down more that 9 percent. shares are down 45% from hitting the all-time high in september, marking a loss of more than $294 billion in fact cap. >>> ibm is trading down more 8%, marking
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back. we will have the very latest on the manhunt in boston in a moment. let's round up headlines in the business world first. courtney reagan with that. >> thank you, maria. stocks closing...
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they will pay a fine and start paying taxes. it will not qualify for federal benefits. if we all wish we did not have this problem, but we do and we have to fix it. leading kings the way they are is the real amnesty. things theleaving way they are is the real amnesty. host: on twitter -- give us a sense of the size of the bill. guest: 844 pages. initial estimates were that it would be as much as 1500 pages. large billl been a for a lot of the legislative aides, hill to look through. in terms of preparing for hearings today, the members on that tradition in committee who were not part of the gang of eight are working to try to read through the whole bill in time during it is a bit of direct process. in terms of how it came toth, e grp of lawmakers has been meeting sce after the el to start thinking about how twaedimgr mbshf p s shted. the senator from utah was involved in talks but ultimatel decided not to go along with the direction of the game because he had concerned about the direction of citizenship. it really came together in february when marco rubio signed on, re
they will pay a fine and start paying taxes. it will not qualify for federal benefits. if we all wish we did not have this problem, but we do and we have to fix it. leading kings the way they are is the real amnesty. things theleaving way they are is the real amnesty. host: on twitter -- give us a sense of the size of the bill. guest: 844 pages. initial estimates were that it would be as much as 1500 pages. large billl been a for a lot of the legislative aides, hill to look through. in terms of...
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ male announcer ] the first look is only the beginning. ♪ ♪ this is a stunning work of technology. ♪ this is the 2013 lexus es and the first-ever es hybrid. this is the pursuit of perfection. >>> the mayhem began last night. they shot the m.i.t. police officer in the head and killed him. the suspects carjacked a mercedes suv. >> there is a massive manhunt under way. we're asking people to shelter in place. in other words, to stay indoors. >> that pursuit ended up in watertown, massachusetts. a massive dragnet has ensued. >> officials apparently on the lookout for some accomplices other than the suspects that are related to the bombing itself. >> they were also looking for another suspect who they believed may have hopped on an amtrak train south toward connecticut. they did not find anyone on that train. t
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ male announcer ] the first look is only the beginning. ♪ ♪ this is a stunning work of technology. ♪ this is the 2013 lexus es and the first-ever es hybrid. this is the pursuit of perfection. >>> the...
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com it's healthier, ammonia-free. and with aloe, vitamin e, and coconut oil, my hair looks healthier than before i colored. i switched. you should too, to natural instincts. you'll have to pay five hundred bucks for your deductible. the truth? at allstate, you could pay zero. allstate gives you a hundred dollars off your deductible the day you sign up. then another hundred off every year you don't have an accident. let the good hands reward your safe driving with a deductible that goes away. ♪ deductible rewards. one more way you're in good hands with allstate. ♪ and didn't know where to start. gused a contractor before at angie's list, you'll find reviews on everything from home repair to healthcare written by people just like you. no company can pay to be on angie's list, so you can trust what you're reading. a
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com it's healthier, ammonia-free. and with aloe, vitamin e, and coconut oil, my hair looks healthier than before i colored. i switched. you should too, to natural instincts. you'll have to pay five hundred bucks for your...
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. no they don't. hey son. have fun
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local...
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life has come to a standstill with no mass transit, no tax is service. hospitals under lockdown. no school. police are searching for the remaining suspect in the boston marathon bombings. 19 year-old dhorzhohra . >> residents are terrified at this see authorities searched door-to-door for the suspect. police are worried that he will not want to be taken alive. here is what the messages as governor had to say. >> and very rapidly developing situation. i have been briefed throughout the morning. i think you know the basics the suspect number one is dead. suspect number two is on the run. we have and mbta officer was seriously wounded in is a surgery now. and in miti's security officer who has been killed. >> there is a massive manhunt underway. a lot of law enforcement involved in that spirit to assist we have suspended all service on the mbta public transit. that will continue until we think it is safe to open all or some of that. >> we are asking people to a shelter in place. in other words to endorse with the doors locked and not to open the door for anyone other than a properly
life has come to a standstill with no mass transit, no tax is service. hospitals under lockdown. no school. police are searching for the remaining suspect in the boston marathon bombings. 19 year-old dhorzhohra . >> residents are terrified at this see authorities searched door-to-door for the suspect. police are worried that he will not want to be taken alive. here is what the messages as governor had to say. >> and very rapidly developing situation. i have been briefed throughout...
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you have to collect taxes and automate processes in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis -- commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a splash, see world jumps more than 25 percent of the stock market debut. yes they launched the ipo date to doubt the negative news flow and went for a. entertainment joins us next so why was now the good time to go public?@ and as we told you the developing news this hour the boston red sox game against kansas city royals cancelled tonight. you are looking at a live shot of a very empty fenway park just a few miles away from a massive manhunt in watertown and cambridge and will remain empty tonight. no game and the bruins hockey game also canceled for all the developments on fox business. dow jones in
you have to collect taxes and automate processes in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis -- commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a...
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>> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional area, but now you are looking at the jets' new head, you're looking at the extent to which this was deployed from the outside. and to the extent to which there are supports or a support structure internally your that allow for this attack to take place. connell: two brothers are less to be a part of this, one that was killed and the other that is said to be 19 years old and still at large. you mentioned their background, the fact that there are originally from chechnya. they came here, we think, in 2002 and three, some are in an area. is it possible that they just acted alone? working together as brothers? is it more likely from your experience of the years that they did have some support from the outside, or read my be. >> you know, is suspect gillette to let this point, but if i had to put my chest down on a table i wa
>> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional area, but now you are looking at the jets' new head, you're looking at the extent to which this was deployed from the outside. and to the extent to which there are supports or a support structure internally your that allow for this attack...
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit went into a residential neighborhood not far from here where there was an exchange of gunfire between watertown police, nbta police officer and is two suspects in this suv. during the course of that pursuit, several explosive devices were discharged from the car at the police officers. in the exchange of the gunfire, we believe that one of the suspects was struck and ultimately taken into custody. a second suspect was able to flee he from that car and there is an active search going on at this point in time. an mbta police officer was struck during that exchange of gunfire and is currently at the hospital in
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit...
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. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. [♪ theme music ♪] >> stephanie: good morning, it is the "stephanie miller show." as i was saying to david shuster, literally a breaking news situation changing by the moment. we'll get david back on the line to find out the latest, charlie pierce you have already talked to this morning. he is not in boston logan airport is closed -- >> right. he is in d.c., and supposed to be flying back to boston today, and can't get a flight. >> stephanie: right. and this is all going down a couple of blocks from -- >> from blog headquarters. >> stephanie: right. we await david shuster with all of the latest. wow. wow. a lot of activity. let's start with happened tz last night. >> about 10:30 last evening a robbery took place in cha
. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. [♪ theme music ♪] >> stephanie: good morning, it is...
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it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax would take place. whether to do it will be decided by october. if we end up having picked up an economy by then, we can raise the tax, but if it does not look that well then, the timing of the raising of the tax will be deferred to a later date. i am sure in this kind of response we have been seriously considering the implications of the tax increase trade you asked me if i could make a decision right now to say definitely that taxation will be raised, stage we cannot say that definitely. we have to allow more time to make sure that the economy will really get better. then the judgment will be made definitely.
it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax...
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ turn of event in the last 11 hours in the boston area. what you are looking at are pictures moments ago of the police and local law enforcement officials focusing in on what we believe is a home in watertown, massachusetts. this is where they have tracked down where this man hunt that has taken place has led them. this is a man hunt to chase a terror suspect in the boston marathon bombings. his brother, we believe they were two brothers who dhaerd out. his brother was killed earlier today running from police. we do -- we have been watching all of this and are watching now as this develop, but please, just in the last half hour have focussed in on a home in
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ turn of event in the last 11 hours in the boston area. what...
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. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. . >> radio meets television, "the bill press show." now on current tv. >> bill: 33 minutes after the hour. it is friday april. there is one story of the moment. >> that's the manhunt underway in the boston area, in the watertown area of boston to be precise for suspect number 2 in the boston marathon bombing. good morning, everybody. thank you for joining us. and stay with us and as question monitor the situation in boston and bring you up to date, here, peter ogburn, dan henning, alicia cruz and cyprian boulding, our entire team, with our eyes and ears on boston. quickly if you are just joining us, bringing you up to date. it was about 10 hours -- 14 hours ago actually that the f.b.i. released the photos of the two suspe
. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. . >> radio meets television, "the bill press...
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an extension of e payroll tax cut, $80 peramils. recent history shows that grant of l status for the increase is the influx of illegal immigrants. that for their forces out low- skilled laborers and thereby depressing the wage and employment levels of those americans. thatdition to that necessarily leads to more americans depending on the need for government. it is respected that the agent that before federal government grant's federal's average -- federal status -- the evidence before the commission is that grant of sub status is not without a substantial cost to the american worker. thank you. >> a full statement will be made part of the record. he was formerly the director of the congressional budget office under george w. bush in 2003 to 2005. that is when we first met. >> that is correct. >> it is good to have you here. >> thank you. it is a privilege to be here today. i have itd written recordfor th. let me briefly make three points and then i look for to answering your question. the first point is simply that the immigration
an extension of e payroll tax cut, $80 peramils. recent history shows that grant of l status for the increase is the influx of illegal immigrants. that for their forces out low- skilled laborers and thereby depressing the wage and employment levels of those americans. thatdition to that necessarily leads to more americans depending on the need for government. it is respected that the agent that before federal government grant's federal's average -- federal status -- the evidence before the...
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increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the matter as long as data remains relatively, weak, not strong, muddled through the fed will be a long way as way from ending its quantitative easing. the other thing we havv to pay attention to which i think gives us a lot of upside potential is that what's happening in japan is nothing less than significant. and we need to pay attention to the yen. tracy: so let's first finish with the united states because i know you are hot on the yen. you've talked about it last time you were here. that means based on what you're say, second q
increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the...
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my car. and you're treating it well? yes i am. there are a lot of places you could take your explorer for service, why do you bring it back to the ford dealership? they specifically work on fords. it seems to me like the best care. and it's equal or less money, so it's a value for me. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. who doesn't enjoy value? at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. the east coast this morning and that means we are getting clo
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my car. and you're treating it well? yes i am. there are a lot of places you...
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the process would take 13 years and applicants would have to pay a fine and back taxes, learn english, and pass a criminal background check among other hurdles. but before that system can even be set up certain security goals must be met, including improvements to the border fence. one member of the group, senator lindsey graham of south carolina said failing to change the nation's immigration system would be economicide ice oly waymera loses is to do nothing. and to the who bieveat we don'tl immigration in the future, you're in denial about the demographics. and to those who say this costs more to take people out of the shadows and put them a legal status where they pay taxes, you've certainly lost me. that makes no sense. >> warner: for more now we turn to illinois democrat dick durbin, the majority whip in the senate sand a member of the so-called gang of eight. welcome, senator durbin. you all have been working on this non-stop since the start of this congress. how hard was this to forge this compromise? >> this wasn't easy. you know, you have eight willful members of the u.s. sen
the process would take 13 years and applicants would have to pay a fine and back taxes, learn english, and pass a criminal background check among other hurdles. but before that system can even be set up certain security goals must be met, including improvements to the border fence. one member of the group, senator lindsey graham of south carolina said failing to change the nation's immigration system would be economicide ice oly waymera loses is to do nothing. and to the who bieveat we don'tl...
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in pakistan the government is not execute a much-needed policy and tax reforms and the company -- country faces no prospects for sustained economic growth. on a somewhat more positive note dispatcher the armed forces continued operations in the areas which have been safe havens are al qaeda and the taliban. and pakistan has established national provincial assembly elections on may it will mark a historic first if they transfer government peacefully. in china last month, huge and pain ecame president his country can do to supplement its military to put those by bolstering maritime law enforcement to support its claims in the south and east china sea. russia will continue to resist putting more international pressure on syria or iran. it will also continue to display great sensitivity to missile defense. closer to home despite positive trends towards democracy and economic development, latin america and creating content oaw recovery from natural disasters and drug-related violence and trafficking. in venice with the presidential election occurred four days ago to decide a six-year term of t
in pakistan the government is not execute a much-needed policy and tax reforms and the company -- country faces no prospects for sustained economic growth. on a somewhat more positive note dispatcher the armed forces continued operations in the areas which have been safe havens are al qaeda and the taliban. and pakistan has established national provincial assembly elections on may it will mark a historic first if they transfer government peacefully. in china last month, huge and pain ecame...